Chris PrefontaineSerious about making money in the real estate investment business? Free Webinar - REGISTER BELOW!, Smart Real Estate Coach · Chairman, Founder, 4x Best-Selling Author of "Real Estate On Your Terms," Forbes Business Council Member, 3x Inc 5000 Honoree, Global Rank TOP 0.5% Podcast Host

Our ROI For This Deal Was 40%! #shorts

9 Nov 2024 · 1 min

Watch on YouTube

0:45

In this short video, the speaker explains how a group of novice real‑estate investors pooled roughly $50,000—individual contributions ranging from $2,000 to $10,000—and used hard‑money financing to leverage that capital. They purchased a vacant, “bando” property, performed a rehabilitation, and flipped the house after about eight to nine months. The entire venture generated an approximate 40% return on the original pooled money, highlighting a high‑return, short‑term strategy for beginners learning real‑estate investing with minimal personal risk.

Chapters

So the goal was, because we were all newbies educating ourselves through just quick speakers coming in and teaching us about stuff, what they were trying to do was learn with minimal risk. So I think the pot, we leveraged it with hard money. I think the pot that we put together was, I cannot remember, maybe it was like $50,000. Some people put in $2,000, some people put in $10,000. And then we took that money, leveraged it with hard money, Bought a rehab, a Bando rehab, and flipped it. So at the end of the day, our return on it, we were only in the deal for maybe like 8 or 9 months. Our return was 40%.